NUVEEN CALIF SELECT QUAL MUNI
NVC
NVC was delisted on the 6th of June, 2014.
24 hedge funds and large institutions have $14.2M invested in NUVEEN CALIF SELECT QUAL MUNI in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 5 closing their positions.
8% less capital invested
Capital invested by funds: $15.5M → $14.2M (-$1.31M)
11% less funds holding
Funds holding: 27 → 24 (-3)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$3.39M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$145K |
| 3 |
Citigroup
New York
|
+$91.3K |
| 4 |
Morgan Stanley
New York
|
+$84.2K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$14.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$385K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$334K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$236K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$225K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$215K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
26
Virtu KCG Holdings
New York
| – | -$225K | -16,312 | Closed |
|
|
CAN
27
Cetera Advisor Networks
El Segundo,
California
| – | -$198K | -14,375 | Closed |
|
28
SG Americas Securities
New York
| – | -$195K | -14,149 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$11K | -800 | Closed |
|
NVC Hedge Fund Activity: Q1 2014 in Review
24 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in NUVEEN CALIF SELECT QUAL MUNI (NVC) for Q1 2014, worth a combined $14.2M — down 8.4% from $15.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NVC and 2 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was Horizon Kinetics, adding an estimated $3.39M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $385K sold.
- 24 institutional investors held NUVEEN CALIF SELECT QUAL MUNI (NVC) as of Q1 2014, down from 27 in Q4 2013.
- Funds reported $14.2M of NUVEEN CALIF SELECT QUAL MUNI stock for Q1 2014, down 8.4% quarter-over-quarter.
- 2 funds opened new NUVEEN CALIF SELECT QUAL MUNI positions in Q1 2014 and 5 closed out, a net change of -3 holders.
- The largest NUVEEN CALIF SELECT QUAL MUNI buyer in Q1 2014 was Horizon Kinetics, an estimated $3.39M added.
- The largest NUVEEN CALIF SELECT QUAL MUNI seller in Q1 2014 was Weiss Asset Management, an estimated $385K sold.
Based on aggregated 13F filings for Q1 2014.